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1190 Norman Ave
Santa Clara, CA 95054 Outer Santa Clara

$7,950,000 USD

Service For Sale  •  20,160 SF

Property Details

  • Property Type Service
  • Total Building Size 20,160 SF
  • Lot Size 1.04 AC
  • Building Class C
  • Year Built 1969
  • Cap Rate 6.91 %
  • Tenancy Multiple
27 Transit Score
55 Walk Score

Highlights

20,160 SF Multi-Tenant Industrial NNN Leased Investment
20 Units Ranging from 720 SF – 2,880 SF with their Own Roll Up Doors
75% Leased to a Mix of Automotive & Industrial Uses
4 Vacant Units (5,040 SF) – Seller to Guarantee Rent for 6 Months @ $2.50 SF NNN
Located on Norman Avenue, Minutes from Montague Expressway, Lafayette Street, San Tomas Expressway, & Highway 101
Very Desirable Units Which are Very Easy to Release due to the Lack of Small Industrial Units on the Market for Lease

Property Flyers

Cap Rate: 6.91 %

Public Transportation

Commuter RailDriveWalkDistance
Great America (Altamont Corridor Express - Altamont Commuter Express (ACE)) 3 min - 1.9 mi
Santa Clara (Altamont Corridor Express - Altamont Commuter Express (ACE), Caltrain - Altamont Commuter Express (ACE)) 7 min - 3.0 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 5 min - 2.7 mi
Metro Oakland International 44 min - 33.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 41
Type: Surface
Included in Rent: Yes
David Taxin 408-966-5919 Meacham Oppenheimer
David Taxin 408-966-5919 Meacham Oppenheimer